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Dr. James Mugume

Uganda inflation now above 14%, but Bank of Uganda hopeful

The Bank of Uganda has expressed concern at the surging inflation rates in the country which have now reached 14.1% from 11.1% in the year ended March 2011. The Director, research at BOU, Dr. James Mugume notes that annual core inflation nudged to 9.7% for the year ending April 2011 from 7.8% in the year ending March 2011. Mugume also says that inflationary rate […]

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